Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland

Iceland: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 0.5068 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.5068 % change on previous year
Change on year
up 287.1%
World rank
174th
of 214 countries
All-time high
73.83 % change on previous year
in 1983
All-time low
-13.14 % change on previous year
in 2017
Years of data
54
1971–2024

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland, 1971–2024

-20020406080197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Iceland recorded 0.5068 % change on previous year for value added (agriculture, forestry and fishing) — value standard in 2024.

The figure is up 287.1% on the previous year and up 111.2% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value standard in Iceland peaked at 73.83 % change on previous year in 1983 and was at its lowest, -13.14 % change on previous year, in 2017.

Iceland ranks 174th of 214 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, annual growth rate in Iceland, 1971 to 2024.
Year % change on previous year Change
1971 28.28 % change on previous year
1972 22.42 % change on previous year -20.7%
1973 44.33 % change on previous year +97.7%
1974 48.82 % change on previous year +10.1%
1975 25.12 % change on previous year -48.6%
1976 36.6 % change on previous year +45.7%
1977 67.62 % change on previous year +84.8%
1978 62.64 % change on previous year -7.4%
1979 45.57 % change on previous year -27.3%
1980 53.5 % change on previous year +17.4%
1981 46.51 % change on previous year -13.1%
1982 28.3 % change on previous year -39.2%
1983 73.83 % change on previous year +160.9%
1984 40.6 % change on previous year -45.0%
1985 58.58 % change on previous year +44.3%
1986 38.44 % change on previous year -34.4%
1987 33.17 % change on previous year -13.7%
1988 19.33 % change on previous year -41.7%
1989 16.15 % change on previous year -16.5%
1990 19.57 % change on previous year +21.2%
1991 11.55 % change on previous year -41.0%
1992 -2.7 % change on previous year -123.4%
1993 2.54 % change on previous year -194.1%
1994 0.9212 % change on previous year -63.7%
1995 6.36 % change on previous year +590.7%
1996 4.67 % change on previous year -26.6%
1997 -4.41 % change on previous year -194.5%
1998 13.31 % change on previous year -401.7%
1999 0.9235 % change on previous year -93.1%
2000 0.2774 % change on previous year -70.0%
2001 20.99 % change on previous year +7467.7%
2002 6.83 % change on previous year -67.5%
2003 -12.02 % change on previous year -275.9%
2004 -8.95 % change on previous year -25.5%
2005 -2.63 % change on previous year -70.6%
2006 16.7 % change on previous year -734.8%
2007 -0.438 % change on previous year -102.6%
2008 33.87 % change on previous year -7833.5%
2009 18.34 % change on previous year -45.9%
2010 14.93 % change on previous year -18.6%
2011 7.24 % change on previous year -51.5%
2012 6.66 % change on previous year -8.0%
2013 -4.71 % change on previous year -170.7%
2014 -4.54 % change on previous year -3.6%
2015 11.26 % change on previous year -347.8%
2016 -6.01 % change on previous year -153.4%
2017 -13.14 % change on previous year +118.7%
2018 11.27 % change on previous year -185.7%
2019 19.48 % change on previous year +72.8%
2020 2.44 % change on previous year -87.5%
2021 5.28 % change on previous year +116.5%
2022 15.59 % change on previous year +195.0%
2023 -0.2708 % change on previous year -101.7%
2024 0.5068 % change on previous year -287.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 42.38 % change on previous year 22.42 % change on previous year 67.62 % change on previous year 9
1980s 40.84 % change on previous year 16.15 % change on previous year 73.83 % change on previous year 10
1990s 5.27 % change on previous year -4.41 % change on previous year 19.57 % change on previous year 10
2000s 7.3 % change on previous year -12.02 % change on previous year 33.87 % change on previous year 10
2010s 4.24 % change on previous year -13.14 % change on previous year 19.48 % change on previous year 10
2020s 4.71 % change on previous year -0.2708 % change on previous year 15.59 % change on previous year 5

Countries ranked near Iceland

  1. 171 Montenegro 0.9298 % change on previous year compare
  2. 172 Seychelles 0.8263 % change on previous year compare
  3. 173 Lithuania 0.6947 % change on previous year compare
  4. 175 Poland 0.3484 % change on previous year compare
  5. 176 Armenia 0.093 % change on previous year compare
  6. 177 Norway -0.162 % change on previous year compare

See the full ranking of 215 places →

More environment data for Iceland

All data for Iceland →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value standard in Iceland?
Value added (agriculture, forestry and fishing) — value standard in Iceland was 0.5068 % change on previous year in 2024, according to Statizoid (derived).
What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Iceland?
The highest recorded value was 73.83 % change on previous year in 1983.
What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Iceland?
The lowest recorded value was -13.14 % change on previous year in 2017.
How does Iceland rank for value added (agriculture, forestry and fishing) — value standard?
Iceland ranks 174th out of 214 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value standard rising or falling in Iceland?
Over the last ten years it is up 111.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency-annual-growth/iceland/

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<a href="https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency-annual-growth/iceland/">Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
215 places, 10,576 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.